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7 Ways the Automatic IRA Would Impact Retirement Savers
US News & World Report ^
| August 11, 2010
| Emily Brandon
Posted on 08/12/2010 5:58:45 AM PDT by PMAS
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1
posted on
08/12/2010 5:58:47 AM PDT
by
PMAS
To: PMAS
This is step one toward an nationalized retirement program like Argentina’s failed program
2
posted on
08/12/2010 5:59:52 AM PDT
by
PMAS
To: PMAS
Progressive Fascism in action
3
posted on
08/12/2010 6:01:12 AM PDT
by
MNJohnnie
(The problem with Socialism is eventually you run our of other peoples money. Lady Thatcher)
To: PMAS
Better yet, let’s take one half of the employee contribution to Social Security and deposit it in an IRA for the employee; the IRA belongs to the employee and moves with the employee if he changes jobs. The IRA would contain real money rather than BS Trust-me fund IOU’s in a lockbox.
To: PMAS
Just more accounts to turn into Government Annuities when the time comes...And it is coming!
5
posted on
08/12/2010 6:04:08 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: PMAS
6
posted on
08/12/2010 6:04:40 AM PDT
by
Daisyjane69
(Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
To: VRWCmember
Agreed...in fact we should’ve done that THIRTY YEARS AGO.
7
posted on
08/12/2010 6:04:49 AM PDT
by
RockinRight
(Outrage does not make the law.)
To: PMAS
Exactly! Its all about having control of your money. They can;t do that unless its easy to access. I wonder though how many people understand this.
8
posted on
08/12/2010 6:05:40 AM PDT
by
556x45
To: RockinRight
Well, if I remember correctly somebody proposed something pretty similar to that 8 years ago and was pilloried for it in the media.
To: PMAS
is this the same buffoon who wanted automatic organ donation?
10
posted on
08/12/2010 6:10:33 AM PDT
by
longtermmemmory
(VOTE! http://www.senate.gov and http://www.house.gov)
To: PMAS
Lessee here...
Mandated health insurance...
Mandated IRA...
What's next, mandated dental insurance? Mandated home cooking menu? Personal hygiene? Hair care? Number of squares of toilet paper?
11
posted on
08/12/2010 6:11:58 AM PDT
by
CPOSharky
(They ain't "illegals." They are just unregistered democrats.)
To: PMAS
So tell me why anyone would want to open a business in today’s USA?
To: Dixie Yooper
It’s for the children. The enviroment.
Whatever. Cough it up, it’s law, we got guys with guns and were going to shut you down. Or else.
Signed.
The Government.
ps.
No more bitch’n about were it is. We ‘invested’ it, OK?.
13
posted on
08/12/2010 6:13:33 AM PDT
by
Leisler
("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
To: PMAS
In the past I would have asked why the Senator didn’t seem to understand what a devastating impact such legislation would have on private sector hiring and growth prospects. But now I know better, as do many of you: he does not care. His purpose (and that of the Senator’s colleagues) is the opposite: to destroy and control, not to create and liberate.
14
posted on
08/12/2010 6:14:58 AM PDT
by
andy58-in-nh
(America does not need to be organized: it needs to be liberated.)
To: Leftism is Mentally Deranged
So tell me why anyone would want to open a business in todays USA?
The only reason I can think of is ignorance.
15
posted on
08/12/2010 6:21:53 AM PDT
by
PeterPrinciple
( Seeking the truth here folks.)
To: PMAS
The new legislation would require all firms with 10 or more employees... Does anyone have a comprehensive list of federal laws based on employee count? My brother's company stayed at 49 employees to keep from hitting some federal law that kicked in at 50 people. He and everyone else were working 60+ hour weeks to keep up (this was before the crash) and could have easily hired 20 more people to handle the work, but wouldn't because of the law.
16
posted on
08/12/2010 6:24:13 AM PDT
by
KarlInOhio
(Gun control was originally to protect Klansmen from their victims. The basic reason hasn't changed.)
To: PeterPrinciple
So tell me why anyone would want to open a business in todays USA? Because they are really close friends with a member of Congress who just happens to be a chairman of a powerful committee.
17
posted on
08/12/2010 6:33:05 AM PDT
by
Dixie Yooper
(Ephesians 6:11)
To: PMAS
Did it not occur to that communist that perhaps if he hadn’t voted to RAISE TAXES that we MIGHT actually have some extra money to save for the future?
18
posted on
08/12/2010 6:33:31 AM PDT
by
pnh102
(Regarding liberalism, always attribute to malice what you think can be explained by stupidity. - Me)
To: pnh102
Did it not occur to that communistHe is exactly what you described. When Tip Oneal was alive Bingman had a higher ADA rating than Tip.
19
posted on
08/12/2010 6:40:08 AM PDT
by
Texas Fossil
(Government, even in its best state is but a necessary evil; in its worst state an intolerable one.)
To: PMAS
People are too stoopid to save for themselves.
They should follow the example of the federal government, which NEVER spends money it doesn't have.
20
posted on
08/12/2010 6:43:04 AM PDT
by
E. Pluribus Unum
(The man who speaks to you of sacrifice, speaks of slaves and masters, and intends to be the master.)
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